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Dow has best day since 1933 as US, European markets soar on Fed bond buying and prospect of massive US bailout
Dow has best day since 1933 as US, European markets soar on Fed bond buying and prospect of massive US…
EGX slides after three days of gains
The EGX is back in the red again after three days of gains: The EGX30’s three-day bull run came to…
House suspends discussions on auto strategy, Public Enterprises Act amendments indefinitely
LEGISLATION WATCH- House suspends discussion of auto strategy, Public Enterprises Act amendments indefinitely thanks to covid: The House industry committee…
What we’re tracking on 23 March 2020
Egypt now has 327 confirmed cases of covid-19 after 33 new cases, all Egyptians, were reported yesterday by the Health…
Two French, two Egyptian companies awarded Raml Tram tender
The National Tunnel Authority has awarded a consortium of French and Egyptian companies the EGP 410 mn tender to design…
El Nasr Automotive restarts talks with Dongfeng over EV manufacturing
State-owned El Nasr Automotive has restarted talks with Wuhan-based Dongfeng, the front-runner to become Egypt’s first domestic electric vehicle manufacturer,…
EGX sell-off continues as shares fall 7%
The selloff on the EGX continued yesterday, tripping circuit breakers yet again: The sell-off on the EGX continued at pace…
Egypt launches consultancy tender for monorail project
Egypt has launched a tender for advisory services for its monorail project (pdf), with the deadline for technical and financial…
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